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Balcones Energy Library Inc.

Balcones Energy Library Inc.

San Antonio, TX 78217
Tax ID74-2350263

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About this organization

Revenue

$231,183

Expenses

$237,916

Mission

The organizations purpose is to maintain current Tobin lease maps and sub-surface geological data for use in the exploration and development of south Texas oil and gas reserves. Access to the librarys reference materials and sub-surface well data is available to the public.

About

The corporation is an educational library dedicated to improving the quality of geological subsurface studies through the gathering and dissemination of valuable information necessary to benefit and advance the education and study of subsurface geology and the domestic petroleum industry.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “The organizations purpose is to maintain current tobin lease maps and sub-surface geological data for use in the exploration and development of south texas oil and gas reserves. access to the librarys reference materials and sub-surface well data is granted to the librarys membership, local university geology students, and day rate users.”.

When detailing its duties, they were outlined as: “The organizations purpose is to maintain current tobin lease maps and sub-surface geological data for use in the exploration and development of south texas oil and gas reserves. access to the librarys reference materials and sub-surface well data is available to the public.”.

  • The state in which the non-profit is legally authorized to operate is TX, as reported.
  • The filing confirms that the non-profit's address in 2020 was PO Box 17485, San Antonio, TX, 78217.
  • The non-profit's form for the year 2020 reports a total of 7 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$6,733.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization elects its board members.
  • The organization has 6 independent voting members.
  • The organization was formed in 1984.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $138,404 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.

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